When was Token||Traxx founded?

Token||Traxx was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is Token||Traxx located?

Token||Traxx is headquartered in London, United Kingdom.

Who is the current CEO of Token||Traxx?

TommyD Danvers of Token||Traxx. They have also founded 1 company.

Which legal entities is Token||Traxx associated with?

Token||Traxx is associated with TOKEN TRAXX MUSIC LTD.

How many employees does Token||Traxx have?

As of May 31, 2026, the latest employee count at Token||Traxx is 10.

Is Token||Traxx a funded company?

Token||Traxx is a funded company, having raised a total of $7M across 2 funding rounds to date. The company's 1st funding round was a $***** ICO round, raised on Mar 14, 2022.

When was the latest funding round of Token||Traxx?

Token||Traxx's latest funding was a $***** Series A round on Apr 15, 2022, with participation from 1 investor.

Where does Token||Traxx rank among its competitors?

Token||Traxx ranks 16th amongst 210 active competitors, of which 32 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was LABEL, which secured an undisclosed amount in Apr, 2023.

Who are the top competitors of Token||Traxx?

Token||Traxx's top competitors include Audius, Bandcamp and Serenade. Among them, LABEL secured the most recent funding round in April, 2023.

Token||Traxx - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

NFT-based marketplace platform for the music community. The platform allows artists to monetize their music. The platform is used by artists, collectors, and curators.

Website: www.tokentraxx.com/
Social

Key Metrics

Founded Year

2022

Location

London, United Kingdom

Stage

Series A

Total Funding

$7M in 2 rounds

Latest Funding Round

Series A, Apr 15, 2022, $*****

Investors

Paul Taylor & 8 more

Ranked

16^th among 210 active competitors

Employee Count

10 as on May 31, 2026

Similar Companies

Audius & 286 more

View Token||Traxx's full profile

Token||Traxx is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TOKEN TRAXX MUSIC LTD CIN: 13753129 , United Kingdom, Active	Nov 17, 2021	-	5 (As on Nov 30, 2024)

Token||Traxx has raised a total funding of $7M over 2 rounds. Its first funding round was on Mar 14, 2022. Its latest funding round was a Series A round on Apr 15, 2022 for $*****. 1 investor participated in its latest round. Token||Traxx has 5 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Token||Traxx:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 15, 2022	8011381	Series A	8090262	3194834	7169446	7782524
Mar 14, 2022	8723489	ICO	5817126	2918531	4155146	2561285

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View details of Token||Traxx's funding rounds and investors

The founders of Token||Traxx is TommyD Danvers. TommyD Danvers is the CEO of Token||Traxx.

Here are the details of Token||Traxx's key team members:

TommyD Danvers: CEO & Co-Founder, TokenTraxx of Token||Traxx.

View details of Token||Traxx's Founder profiles and Board Members

Token||Traxx's employee count trend

Token||Traxx has 10 employees as of May 26. Here is Token||Traxx's employee count trend over the years:

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Top competitors of Token||Traxx include Audius, Bandcamp and Serenade. Here is the list of Top 10 competitors of Token||Traxx, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Audius 2018, San Francisco (United States), Series A	Decentralized Music Streaming Platform	$16.1M	Blockchange, Binance Labs & 35 others	73/100
2nd	Bandcamp 2007, San Francisco (United States), Acquired	Online retailer of digital music, vinyl records, and related merchandise	$40M	True Ventures, Cantora	67/100
3rd	Serenade 2013, Sydney (Australia), Acquired	NFT marketplace platform for the music industry	$4.44M	OIF Ventures & 1 others	47/100
4th	Muverse 2021, Los Angeles (United States), Seed	NFT-based music store platform	$6M	AvatarDAO, Zonff Partners & 2 others	46/100
5th	Decent 2021, Los Angeles (United States), Acquired	Online platform to create, buy and sell music NFTs	$4M	Y Combinator, OrangeDAO & 9 others	45/100
6th	Dibbs 2020, El Segundo (United States), Acquired	NFT marketplace for fractional trading of sports cards	$15.8M	Amazon, Foundry & 11 others	44/100
7th	OneOf 2021, Florida (United States), Seed	Blockchain-based platform for fan communities	$72M	Nima Capital, Galaxy & 19 others	43/100
8th	OurSong 2018, Singapore (Singapore), Seed	App-based trading platform for NFT digital collectibles	$7.5M	Headline, Founder Partners & 5 others	43/100
9th	LABEL 2020, Seoul (South Korea), Seed	Blockchain-based music store platform	-	Mindfulness Capital, DWF Labs & 2 others	42/100
10th	Royal 2021, Austin (United States), Series A	Online marketplace for buying, selling, and owning music rights	$71M	Founders Fund, Andreessen Horowitz & 16 others	40/100
16th	Token\|\|Traxx 2022, London (United Kingdom), Series A	NFT-based marketplace platform for the music community	$7M	COSIMO X, Thunder Future & 7 others	36/100